Tilray acquires $23.8M promissory note from DDH; issues 13.2M shares as consideration

Tilray Brands, Inc.

Acquired $23.8M promissory note from Double Diamond Holdings (DDH) payable by Aphria Diamond.
Issued 13,217,588 shares of common stock as consideration to DDH.
DDH is a joint venturer with Tilray's subsidiary Aphria Inc. in Aphria Diamond.
Shares issued under Regulation S exemption; no underwriter or commissions paid.

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